REI Lense

REI Lense

Mitchell, SD Mid-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Mitchell, SD. Based on 10+ datapoints.

Mitchell, SD Mid-Term Rental Investment Snapshot

Based on 10+ mid-term rental datapoints

Median Cap Rate

4.9%

Avg Cash on Cash

-6.7%

Median Cashflow

-$408/mo

Avg Rent Estimate

$2,019/mo

Avg Price

$283,167

Price Range

$209,000 - $365,000

Rent to Price

0.71%

low ratio

Positive Cashflow

17%

of analyzed properties

Recent real estate investor listings analysed as mid-term rental deals in Mitchell, SD

Mitchell, SD is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 10+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at -6.7%.

Across 10+ analyzed properties, Mitchell, SD mid-term rental investments show a median monthly cashflow of -$408 with average furnished rent estimates of $2,019/month. These figures reflect real property data, not projections.

516 E 7th Ave, Mitchell, SD 57301

Price

$209,000

Rent

$1,782

CachFlow

-$103

CoC

-2

Full Analysis

40994 McKinley Pl, Mitchell, SD 57301

Price

$352,300

Rent

$2,036

CachFlow

-$1,026

CoC

-13.39

Full Analysis

40998 McKinley Pl, Mitchell, SD 57301

Price

$365,000

Rent

$1,618

CachFlow

-$1,152

CoC

-14.61

Full Analysis

1607 Westview Dr, Mitchell, SD 57301

Price

$319,900

Rent

$2,110

CachFlow

-$617

CoC

-8.69

Full Analysis

511 W 4th Ave, Mitchell, SD 57301

Price

$239,200

Rent

$2,424

CachFlow

$35

CoC

0.62

Full Analysis
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Mitchell, SD Mid-Term Rental Market Insights

  • Median cashflow is -$408/month — careful deal selection is essential here
  • 4.9% median cap rate is typical of appreciation-focused markets
  • At 17% positive cashflow rate, Mitchell, SD requires selective property picks
  • Moderately priced market with properties from $209,000 to $365,000
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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